Radisson Hotel Group Plans Significant Expansion in India by 2026
Radisson aims 160 hotels, 19,500 keys in India by end-2026: Co executive
News 18
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Radisson Hotel Group aims to increase its presence in India to 160 operational hotels and 19,500 keys by December 2026. The company is on track to reach 500 hotels by 2030, despite mixed impacts from the West Asia crisis affecting urban markets.
- 01Radisson plans to operate 160 hotels and 19,500 keys in India by December 2026.
- 02Currently, there are 142 hotels in operation with 84 more under development.
- 03The company is targeting 500 hotels in India by 2030.
- 04Mixed impacts from the West Asia crisis are affecting demand in metro cities.
- 05Domestic demand from Tier 2 and Tier 3 cities remains strong.
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Radisson Hotel Group is set to expand its footprint in India, targeting 160 operational hotels and 19,500 keys by December 2026. Currently, the group operates 142 hotels and has 84 more in development, indicating a robust growth trajectory. Nikhil Sharma, Managing Director and Chief Operating Officer for South Asia, stated that the company is on track to achieve its goal of 500 hotels by 2030. Despite challenges from the ongoing West Asia crisis, which has impacted some metro cities with a 27-28% decline in Revenue Per Available Room (RevPAR), demand in Tier 2 and Tier 3 cities remains resilient. The hospitality sector continues to rely on domestic travel, which is providing a buffer against international disruptions. April trends will be closely monitored to gauge recovery in key urban markets.
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This expansion could create new job opportunities in the hospitality sector and enhance tourism in India, particularly in Tier 2 and Tier 3 cities.
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